Summary of Key Points Core Viewpoint - The company intends to utilize part of the excess raised funds to invest in a new project, specifically the Wuhan Guanggang Semiconductor Electronic Bulk Gas Station project, to enhance operational efficiency and strengthen its competitive position in the electronic ultra-pure gas supply sector. Group 1: Fundraising Overview - The company successfully completed its initial public offering, raising a total of RMB 3,255,615,848.10, with a net amount of RMB 306,781.46 million after deducting issuance costs [1][2] - The excess funds amount to RMB 191,781.46 million, which will be allocated for new project investments [2][3] Group 2: New Project Details - The project will involve the construction of three ultra-pure nitrogen production units and associated systems in Wuhan, with a total investment of RMB 50,345.11 million [3][4] - The funding allocation for the project includes RMB 37,245.47 million for equipment, RMB 8,182.64 million for civil engineering and installation, and RMB 4,916.99 million for other expenses [4] Group 3: Strategic Importance - This project is crucial for establishing a regional center for electronic bulk gases in Central China, aligning with the company's mission to enhance its core competitiveness in the domestic electronic ultra-pure gas market [4][5] - The project is expected to have a stable financial return and low risk, supported by the company's existing resources and capabilities [5] Group 4: Approval and Oversight - The board of directors and the supervisory board have approved the use of excess funds for the new project, which will also be submitted for shareholder approval [6][7] - The company will open a dedicated account for the excess funds and ensure compliance with relevant regulations to safeguard the funds [5][7]

国泰海通证券股份有限公司 关于合肥新汇成微电子股份有限公司 首次公开发行部分限售股上市流通的核查意见 国泰海通证券股份有限公司（以下简称"国泰海通"或"保荐机构"）作为 合肥新汇成微电子股份有限公司（以下简称"汇成股份"或"公司"）首次公开 发行股票并在科创板上市及持续督导的保荐机构，根据《证券发行上市保荐业务 管理办法》 《上海证券交易所科创板股票上市规则》 《上海证券交易所科创板上市 公司自律监管指引第 1 号——规范运作》等法律法规的相关规定，对汇成股份首 次公开发行部分限售股上市流通事项进行了核查，核查情况及核查意见如下: 一、本次上市流通的限售股类型 中国证券监督管理委员会于 2022 年 6 月 15 日出具《关于同意合肥新汇成微 （证监许可〔2022〕1256 号）， 电子股份有限公司首次公开发行股票注册的批复》 同意公司首次公开发行股票的注册申请。公司首次向社会公开发行人民币普通股 （A 股）166,970,656 股，并于 2022 年 8 月 18 日在科创板上市交易，发行完成 后总股本为 834,853,281 股，其中有限售条件流通股 718,870,676 股，占发行后总 股本次限售 ...

国泰海通证券股份有限公司 关于欧派家居集团股份有限公司 使用闲置募集资金进行现金管理的核查意见 国泰海通证券股份有限公司（以下简称"国泰海通"或"保荐机构"）作为 欧派家居集团股份有限公司（以下简称"欧派家居"或"公司"）2022 年公开 发行可转换公司债券的保荐机构，根据《证券发行上市保荐业务管理办法》《上 市公司募集资金监管规则》《上海证券交易所股票上市规则》《上海证券交易所 上市公司自律监管指引第 1 号——规范运作》《上海证券交易所上市公司自律监 管指引第 11 号——持续督导》等有关规定，对欧派家居拟使用 2022 年公开发 行可转换公司债券闲置募集资金进行现金管理的事项进行了审慎核查，具体核查 情况如下： 一、投资情况概述 （一）投资目的 为提高募集资金使用效率，在确保不改变募集资金用途且不影响募集资金投 资项目正常运行的情况下，公司已于 2024 年 7 月 25 日召开了第四届董事会第 十六次会议和第四届监事会第十一次会议，审议通过了《关于使用闲置募集资金 进行现金管理的议案》，批准公司使用总额度不超过人民币 5 亿元的暂时闲置募 集资金适时进行现金管理，有效期自 2024 年 8 月 19 ...

关于上海宣泰医药科技股份有限公司 使用部分闲置募集资金进行现金管理的核查意见 国泰海通证券股份有限公司（以下简称"国泰海通"或"保荐机构"）作为 上海宣泰医药科技股份有限公司（以下简称"宣泰医药"或"公司"）首次公开 发行股票并上市持续督导保荐机构，根据《证券发行上市保荐业务管理办法》 国泰海通证券股份有限公司 《上 市公司募集资金监管规则》《上海证券交易所科创板股票上市规则》《上海证券 交易所科创板上市公司自律监管指引第 1 号——规范运作》等有关规定，对公司 使用部分闲置募集资金（含超募资金）进行现金管理的事项进行了核查，具体情 况如下： 一、募集资金基本情况 根据中国证券监督管理委员会《关于同意上海宣泰医药科技股份有限公司首 次公开发行股票注册的批复》（证监许可[2022]1383 号），公司获准向社会公开 发行人民币普通股（A）股 45,340,000.00 股，发行价格为 9.37 元/股，募集资金 总额为人民币 42,483.58 万元，扣除与发行相关的费用（不含增值税）人民币 上述资金到位情况经上会会计师事务所（特殊普通合伙）审验，并出具上会 师报字(2022)第 9072 号《验资报告》。20 ...

国泰海通证券股份有限公司 关于中集车辆（集团）股份有限公司 使用部分 A 股闲置募集资金进行现金管理的核查意见 公司于 2024 年 3 月 21 日召开了第二届董事会 2024 年第三次会议及第二届 监事会 2024 年第三次会议，并于 2024 年 6 月 26 日召开 2023 年度股东大会，审 议通过了《关于 A 股部分募集资金投资项目重新论证并终止的议案》，同意公司 终止星链半挂车高端制造产线升级项目之子项目"白银星链半挂车高端制造产线 升级项目"以及终止太字节厢体高端制造产线升级项目。具体情况详见公司于 论证并终止及延期的公告》（公告编号：2024-033）。 公司于 2025 年 3 月 25 日召开了第三届董事会 2025 年第二次会议及第三届 监事会 2025 年第二次会议，审议通过了《关于 A 股部分募集资金投资项目终止 并调整投资计划的议案》《关于 A 股部分募集资金投资项目延期的议案》，同意 公司根据 A 股募集资金投资项目实际具体情况，终止数字化转型及研发项目之 子项目"专用车上装核心模块数字化升级项目"、"中集车辆集团半挂车试验中心 建设项目"和"全球数字化运营中心项目"，终止升级 ...

Group 1 - On June 18, Guotai Junan Securities announced that it received approval from the China Securities Regulatory Commission (CSRC) to publicly issue technology innovation corporate bonds with a total face value of no more than 15 billion yuan [1] - Since June, five securities firms, including CITIC Securities and Guotai Junan Securities, have received approval from the central bank and CSRC to issue technology innovation bonds, with a total approved amount not exceeding 93.8 billion yuan [1][2] - The approved amounts for the securities firms include 15 billion yuan for CITIC Securities, 9.8 billion yuan for CICC, 15 billion yuan for Guotai Junan Securities, 6 billion yuan for CITIC Jianzhong, and 10 billion yuan for Huatai Securities [1] Group 2 - The issuance of technology innovation bonds in the interbank market by securities firms represents a significant expansion of their direct financing channels, allowing them to choose the most suitable market for financing based on their characteristics and needs [2] - Following the announcement by the central bank and CSRC on May 7 to support the issuance of technology innovation bonds, securities firms have actively sought to issue these bonds [2] - As of June 18, 29 securities firms have issued 33 technology innovation bonds, with a total issuance scale of 28.47 billion yuan, indicating strong interest from institutional investors [3] Group 3 - The funds raised from the issuance of technology innovation bonds are primarily used to support businesses in the technology innovation sector, including investments in technology innovation stocks, bonds, ETFs, and industry funds [3][4] - For example, CITIC Securities plans to allocate no less than 50% of the funds for investments that meet capital market requirements and at least 20% for providing market-making and risk hedging services for technology innovation board stocks and funds [4] - The expansion of the bond issuance scope allows securities firms to provide comprehensive services to technology innovation enterprises, enhancing their role as both issuers and underwriters of technology innovation bonds [4]

近期，多家上市证券公司披露了今年中期业绩预告。大幅增长的业绩吸引了不少投资者关注。其 中，中小型券商的业绩弹性更大，多家中小券商上半年净利润增速"领跑"。 有券商分析人士认为，2025年上半年，资本市场与债券市场持续向好，股市交投热度维持高位，上 市券商业绩有望延续高增长势头。从当前公告情况来看，中型和小型上市券商表现出更强的业绩弹性， 自营、经纪和投行等业务条线表现亮眼。 头部券商业绩大幅增长 同花顺iFinD统计显示，按申万行业分类，截至7月17日16时，已有29家A股上市券商披露2025年半 年度业绩预告，另有2家券商发布业绩快报。这31家券商的归母净利润均实现正增长，其中有2家扭亏为 盈。从业绩预告看，按预告归母净利润同比增幅下限统计，有27家券商预计上半年归母净利润同比增幅 在50%以上，占A股上市券商总数的一半以上。 从归母净利润增幅来看，中小券商业绩弹性较大，多家中小券商预计归母净利润增幅超100%。多 家中小型券商表示，公司的经纪、自营业务均实现增长。 作为中小券商的代表，华西证券上半年实现净利润在4.45亿元至5.75亿元之间，比上年同期增长 1025.19%至1353.90%。华西证券称， ...

Core Insights - The China Securities Association released the bond underwriting statistics for the first half of 2025, highlighting significant growth in technology innovation bonds, rural revitalization bonds, and private enterprise bonds [1][2]. Group 1: Bond Underwriting Performance - The total underwriting amount for rural revitalization bonds reached 26.624 billion yuan, marking a year-on-year increase of 134.32% [3]. - In the technology innovation bond sector, 68 securities firms underwrote 380 bonds, totaling 381.391 billion yuan, which is a 56.48% increase compared to the previous year [2][3]. - The leading underwriters for technology innovation bonds were CITIC Securities, CITIC Jiantou, and Guotai Junan, with underwriting amounts of 3.598 billion yuan, 2.684 billion yuan, and 1.914 billion yuan respectively [3]. Group 2: Performance of Smaller Firms - Smaller securities firms have shown strong performance in niche areas, with Caixin Securities leading in low-carbon transition bonds and Wenkang Securities excelling in small and micro-enterprise support bonds [4]. - In the low-carbon transition bond sector, 17 firms underwrote 14 bonds, totaling 8.35 billion yuan [4]. - For small and micro-enterprise support bonds, 32 firms underwrote 30 bonds, amounting to 11.82 billion yuan, with Wenkang Securities ranking first in both number and amount of underwritings [4]. Group 3: Other Bond Categories - In the "Belt and Road" bond category, 18 firms underwrote 10 bonds, with a total amount of 7.9 billion yuan [5]. - For private enterprise bonds, 48 firms underwrote 229 bonds, totaling 239.394 billion yuan, which is a 30% increase year-on-year [5]. - A total of 68 firms participated in issuing local government bonds, with a combined winning bid amount of 140.459 billion yuan [6].

海通安裕中短债A/C成立于2021年9月30日，截至2025年5月7日，其今年来收益率为0.56%、 0.46%，累计收益率为10.79%、9.59%，累计净值为1.7341元、1.7216元。 海通现金宝货币成立于2022年5月31日，截至2025年5月7日，累计收益率为3.93%。截至2025年3月 31日规模147.35亿元。 | 基金名称 | 海通安泰债券型集合资产管理计划 | | --- | --- | | 基金简称 | 海迪安泰 | | 基金主代码 | 0681888 | | 基金管理人名称 | 上海海通证券资产管理有限公司 | | 公告依据 | 《公开募集证券投资基金信息披露管理办法》等法律法规、《海迪 | | | 安泰债券型集合资产管理计划资产管理合同》、《海通安泰债券型 | | | 集合资产管理计划招募说明书》 | | 基金经理变更类型 | 解聘基金经理 | | 共同管理本基金的其他经 | 李夏 | | 理姓名 | | | 离任基金经理姓名 | 李佳闻 | | 基金名称 | 海通安润 90天滚动持有中短债债券型集合资产管理计划 | | --- | --- | | 基金间称 | 海通安润 90 ...

Core Viewpoint - The export performance in July was slightly better than expected, driven by technical rush shipments ahead of tariff implementation, but a general decline is anticipated in the future due to various risks including the 232 tariffs and export regulations from ASEAN countries [1][15]. Group 1: Export Performance - In July 2025, China's export growth rate was 7.2%, up from 5.9% in the previous month, while import growth was 4.1%, an increase from 1.1% [4]. - The export growth to ASEAN and Latin America showed significant improvement, recording 16.6% and 7.7% respectively, while exports to the US decreased by 21.7% [8]. - The overall trade surplus decreased, indicating a shift in trade dynamics [4]. Group 2: Product and Regional Analysis - Equipment exports remained strong, while consumer electronics showed a decline due to prior rush shipments; labor-intensive imports decreased [11]. - The demand for capital goods from China is expected to remain resilient in the medium term, despite geopolitical tensions and a trend towards de-globalization [2][16]. Group 3: Future Trends and Risks - Future export trends are expected to moderate, with potential short-term declines in August due to the tapering of rush shipments and the impact of new tariffs [16]. - Key risks include the potential for increased tariffs on exempt products and the enforcement of stricter re-export regulations by Vietnam and other Southeast Asian countries [16].